Patrimonial property is that owned by the State over which it has the same rights as private individuals in relation to their own property. Patrimonial property is one owned by the State in its private capacity.
The State's patrimonial property is subject to the administrative laws and regulations on the procedure of exercising such rights. Examples of this are friar lands, escheated properties and commercial buildings.
What are the purposes of the State's patrimonial property?
[1] It enables the State to attain its economic ends.
[2] It serves as a means for the State’s subsistence and preservation.
[3] It enables the State to fulfill its primary mission (i.e. incidental to sovereign function).
What are the purposes of the State's patrimonial property?
[1] It enables the State to attain its economic ends.
[2] It serves as a means for the State’s subsistence and preservation.
[3] It enables the State to fulfill its primary mission (i.e. incidental to sovereign function).